A new bill working its way through New York’s legislature would allow residents to pay state agencies with crypto. New York State …
introduces
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Regulation
Japan’s FSA introduces new framework that divides crypto into two categories
by shayaanby shayaanJapan’s FSA has released a discussion paper on crypto regulations that seeks to categorize digital assets into two distinct categories. According to …
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Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: …
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Mining
Senator Ted Cruz introduces FLARE Act to repurpose flared gas for Bitcoin mining
by shayaanby shayaanSenator Ted Cruz introduced legislation on April 1 to repurpose flared gas and use it to generate “value-added products,” like mining Bitcoin …
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Regulation
IRS Introduces Form 1099-DA for Reporting Tokenized Stocks and Bonds
by shayaanby shayaanIRS will introduce Form 1099-DA for tokenized stocks and bonds starting in 2025. Brokers can use either Form 1099-B or 1099-DA during …
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DeFi
APT price targets 50% surge as Amnis Finance introduces Aptos LFM program
by shayaanby shayaanAmnis Finance has become the first protocol to participate in Aptos’ Liquid Funding Model (LFM) initiative. The development represents a crucial move …
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Adoption
Panama introduces legislation to legalize voluntary crypto payments, regulate industry
by shayaanby shayaanPanama has unveiled a sweeping draft bill aimed at regulating cryptocurrencies and fostering the development of blockchain-based services, signaling a renewed effort …
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Regulation
House introduces revised stablecoin legislation with compliance measures and developer protection
by shayaanby shayaanThe US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act …
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Regulation
Argentina introduces new regulatory framework for stringent crypto oversight
by shayaanby shayaanArgentina’s Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, …
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Giza, a Xenocognitive Finance, has unveiled its exclusive Giza Protocol, an innovative infrastructure to boost autonomous agent operations for decentralized finance (DeFi). …